Solar Projects Egypt 2016
 
Saturday, May 28, 2016
Directory Directory Subscribe
Login
 

Egypt set to receive $500 million for social housing

 
 

Please, enter data

Please, enter data

Ahram Online, 4 January 2016

Negotiations over a $500 million loan has been finalized between Egypt and the World Bank. The loan, allocated for the 'social housing' or the 1mn residential units project, will be paid back by Egypt over the course of five years.

The project which has been unveiled early 2015 aims to build 1 million residential units across the country for low-incomers.

The Ministry of Housing will start implementing a number of residential units on an area less than 90 meters each to suit the citizens' income particularly in new cities in Upper Egyptian governorates.

Earlier, the World Bank agreed to offer Egypt $1.5 billion (LE 10.5 billion) in financing for social housing and sanitation for villages over a period of three years, housing, utilities and urban development.

The World Bank's commitment to Egypt currently includes 25 projects for a total of $4.9 billion (LE34.3 billion) as well as 43 trust fund grants worth $190.2 million (LE1.3 billion) in the sectors of energy, transport, water and sanitation, agriculture, irrigation, health and education.
Ahram Online
4 January

  COMMENTS
Login to Add Your Comment  (for subscribers) | Subscribe

 

Latest News

Saudi Arabia’s Public Investment Fund to buy Riyadh’s financial district for $8 billion
Bloomberg, 27 May 2016

Saudi Arabia’s Public Investment Fund, the wealth fund headed by Deputy Crown Prince Mohammed bin Salman, is likely to make an offer next month to buy ...

Read full story
Saudi Arabia’s Public Investment Fund to buy Riyadh’s financial district for $8 billion
Ministry of Interior UAE supporting Future Police Technology Conference as a part of the UAE Innovation Week  
ifpinfo, 27 May 2016

The Ministry of Interior (MOI) UAE has confirmed its partnership with Advanced Conferences & Meetings (ACM) for the Future Police Technology event taking place ...

Read full story
Ministry of Interior UAE supporting Future Police Technology Conference as a part of the UAE Innovation Week
	 
Saudi-Egyptian joint venture to build $3.6 billion Mountain View iCity project
Saudi Gazette, 26 May 2016

The $3.6 billion Mountain View iCity has been announced, Egypt's biggest upcoming project that is a joint venture between the Egyptian Mountain View and Saudi ...

Read full story
Saudi-Egyptian joint venture to build $3.6 billion Mountain View iCity project
Back to Home Page 1191 --- 388.3 <><><> 666.8.....exvideo=0....eximage=0
P 0
BR 10

Solar Projects Egypt 2016

 

 
3rd Annual Future Interiors Qatar
5 - September 2016
TPLA Experience Tech UAE
5 - September 2016
2nd Annual Solar Projects Egypt
6 - September 2016
2nd Annual LightingTech Egypt
26 - September 2016
2nd Annual Smart Parking UAE
28 - September 2016
 
  View more  

Market Indecies
 
Saudi SE - 2.32%
Dubai FM - 4.53%
Abu Dhabi SE - 3.99%
Kuwait SE - 1.51%
Doha SM - 8.36%
Muscat SM - 6.18%
Casablanca SE Closed
Bahrain SE - 0.98%
Cairo SE Closed
Amman SE - 1.12%
 

Future Interiors Qatar 2016

Quick Links
  Reports  
  Articles  
  Brochures & Flyers  

Up-coming events
  2nd Annual Solar Projects Egypt - 6 September - 7 September 2016  
  2nd Annual LightingTech Egypt - 15 November - 16 November 2016  
IFP Group Events Calendar

 

 


Magazine sections
  Finance  
  Zoom  
  Growth Markets  
  Regional Overview  
  Editorial  
  Tips and Tricks  
  Spotlight  
  Home Finance  
  Our Meetings
 
  Focus
 
  News
 
  Legal Issues
 

 

               
IFP Corporate
• IFP Emirates
• IFP Lebanon
• IFP Qatar
• IFP Iraq
• REC Saudi Arabia
• IFP China
Lebanon
Beirut Boat
Energy Lebanon
Project Lebanon
Qatar
3rd Annual Future Drainage & Stormwater Networks Qatar
3rd Annual Future Interiors Qatar
3rd Annual Future Landscape & Public Realm Qatar
Hospitality Qatar
Iraq
Energy Iraq - Erbil
Erbil International Fair
Iraq Agro-Food - Baghdad 2016
Iraq Agro-Food - Erbil
Medicare Iraq Erbil
Project Iraq - Erbil
Saudi Arabia
PMV Series at Saudi Build
Saudi Agriculture
Saudi Agrofood
Saudi Build
Saudi Power Sports
Saudi Stone-Tech
Saudi Transport
Riyadh Motor Show
 
 
  IMC
IFP Group 2016 - © All rights reserved